This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
3-bedroom, 1-bathroom house of 72 m², built in 1951. Located on autoestrada CM, Alferce parish, Monchique municipality, Faro district. Noteworthy Features: The property includes a large 12,883 m² plot with direct access to nature and unobstructed views over the Ribeira de Odelouca, enhancing privacy and serene living.
The valuation. The asking price of €390,000 significantly exceeds the fair value of €77,264, representing an overpricing of €312,736 (80.2%). This valuation indicates a considerable gap between market expectations and realistic pricing.
Fair value modelled at €77,264 from the area baseline, adjusted for condition and location. Asking €390,000 sits €312,736 (80.2%) above — overpriced versus fair value.
Asking €390,000 versus the autoestrada CM area baseline of €117,864 (€1,637/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 25/100 (Condition 20 · Materials 30 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
autoestrada CM
Area baseline €117,864 + condition -€56,250 + location +€9,890 = modelled fair value of €77,264 (€1,073/m²), a €312,736 (80.2%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada CM | Subject | €390,000 | €5,417 | — | 20 | 70 |
| Monchique · 261fe6 | Active | €380,000 | €5,846 | 7.9% | — | 62 |
| Alvor · 65a7b4 | Active | €269,000 | €3,789 | 30.1% | 18 | 76 |
| rua Eça de Queiroz | Active | €290,000 | €4,143 | 23.5% | 30 | 76 |
| Lagoa e Carvoeiro · 65a628 | Active | €298,000 | €2,159 | 60.1% | 40 | 70 |
| Median comp | €294,000 | €3,966 | 26.8% | 30 | 73 |
Short-term vacation rental This property is overpriced by 80.2%, making it unfeasible for a short-term vacation rental opportunity that requires competitive pricing to attract tourists. With a gross yield of 0% and a condition rating of only 25/100, it lacks the necessary appeal to perform well in the lucrative Algarve tourism market. Long-term rental The significant gap of 80.2% from fair value indicates this property is overpriced, which adversely affects its viability as a long-term rental. Given its low rating of 25/100 in condition, potential tenants may be deterred, reducing demand and rental income potential. Buy-and-hold As an investment strategy, buying this property is not advisable because it is overpriced, with fair value set at €77,264 compared to the asking price of €390,000. The combination of poor condition and zero projected yield indicates that holding this property long-term may not yield satisfactory returns in the future.
Potential Economic Decline With an economic stability score of 65 out of 100, there is a risk of economic downturn affecting rental prices and occupancy rates.
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